YEARLY HIGH
0.8693 MDL
YEARLY LOW
0.7661 MDL
YEARLY AVERAGE
0.8160 MDL

2023 CZK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.8693. Conversely, the yearly low was recorded on October 14, dropping to 0.7661.

This high-to-low spread represents a total annual volatility of 0.1032 MDL. From a start-to-finish perspective, comparing the January average rate of 0.8552 to the December average rate of 0.7851, the exchange rate registered a net change of -8.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8693 was up 2.32% compared to the 2022 peak of 0.8496, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CZK based on timing:

Yearly Peak High 4,346 MDL
2022 Average 4,043 MDL
Yearly Trough Low 3,831 MDL
Transaction Impact: A difference of 515.83 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8628
0.7717
JanuMarcMayJulySeptNove

CZK to MDL Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.8372, compared to 0.7948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0424 points.

H1 Avg (Jan–Jun) 0.8372
H2 Avg (Jul–Dec) 0.7948

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0543 MDL (High: 0.8541 / Low: 0.7998). On the other end, September was the most stable month, with a tight range of 0.0207 MDL (High: 0.7966 / Low: 0.7759).

July Spread (Volatile) ±0.0543
September Spread (Stable) ±0.0207

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0288 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.8468) against the same month in 2022 (average: 0.8295), the exchange rate shifted by +0.0172 (+2.08%).

2023 Avg (February) 0.8468
2022 Avg (February) 0.8295

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8640 0.8385 0.8552
February 0.8693 0.8389 0.8468
March 0.8624 0.8172 0.8411
April 0.8588 0.8352 0.8437
May 0.8433 0.8004 0.8175
June 0.8427 0.8033 0.8189
July 0.8541 0.7998 0.8284
August 0.8157 0.7915 0.7996
September 0.7966 0.7759 0.7870
October 0.7918 0.7661 0.7793
November 0.8055 0.7740 0.7893
December 0.7989 0.7729 0.7851